Railrunner Europe has filed for insolvency in the bankruptcy court of Hamburg in Germany.
The company cited multiple reasons for the financial distress and has appointed a preliminary insolvency administrator in the process.
During the insolvency proceedings, RailRunner Europe intends to reorganise and restructure the company.
Since July 2017, the company managed daily flow between Bratislava and Braunschweig in Germany, utilising mega-trailers, swap bodies, containers and pocket wagons.
The company planned to expand its offering in Germany by introducing technology that would streamline the…
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